KEYCORP /NEW/

For the period ended Mar 31, 2026. Filed May 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 5, 2026

KEY$21.34-0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income

Dollars in millions, except per share amounts	Three months ended March 31,
(Unaudited)	2026	2025
INTEREST INCOME
Loans	$1,416	$1,401
Loans held for sale	14	14
Securities available for sale	370	392
Held-to-maturity securities	86	63
Trading account assets	11	17
Short-term investments	103	174
Other investments	5	9
Total interest income	2,005	2,070
INTEREST EXPENSE
Deposits	598	753
Federal funds purchased and securities sold under repurchase agreements	14	1
Bank notes and other short-term borrowings	20	27
Long-term debt	151	193
Total interest expense	783	974
NET INTEREST INCOME	1,222	1,096
Provision for credit losses	106	118
Net interest income after provision for credit losses	1,116	978
NONINTEREST INCOME
Trust and investment services income	157	139
Investment banking and debt placement fees	197	175
Cards and payments income	86	82
Service charges on deposit accounts	77	69
Corporate services income	71	65
Commercial mortgage servicing fees	62	76
Corporate-owned life insurance income	34	33
Consumer mortgage income	13	13
Operating lease income and other leasing gains	8	9
Other income	18	7
Total noninterest income	723	668
NONINTEREST EXPENSE
Personnel	743	680
Net occupancy	68	67
Computer processing	111	107
Business services and professional fees	36	40
Equipment	19	20
Operating lease expense	7	11
Marketing	18	21
Other expense	179	185
Total noninterest expense	1,181	1,131
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	658	515
Income taxes	136	109
INCOME (LOSS) FROM CONTINUING OPERATIONS	522	406
Income (loss) from discontinued operations	—	(1)
NET INCOME (LOSS)	$522	$405
Income (loss) from continuing operations attributable to Key common shareholders	$486	$370
Net income (loss) attributable to Key common shareholders	486	369
Per Common Share:
Income (loss) from continuing operations attributable to Key common shareholders	$.45	$.34
Income (loss) from discontinued operations, net of taxes	—	—
Net income (loss) attributable to Key common shareholders (a)	.45	.34
Per Common Share — assuming dilution:
Income (loss) from continuing operations attributable to Key common shareholders	$.44	$.33
Income (loss) from discontinued operations, net of taxes	—	—
Net income (loss) attributable to Key common shareholders (a)	.44	.33
Weighted-average Common Shares outstanding (000)	1,084,277	1,096,654
Effect of Common Share options and other stock awards	10,091	9,486
Weighted-average Common Shares and potential Common Shares outstanding (000) (b)	1,094,368	1,106,140

(a)EPS may not foot due to rounding.

(b)Assumes conversion of Common Share options and other stock awards and/or convertible preferred stock, as applicable.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.